Hongkongers eye largest flats as applications open for pilot public housing scheme offering 40pc discount
The 857 units in San Po Kong range in size from 192 sq ft to 494 sq ft, with the smallest being compared to cubicle homes by potential buyers
Public housing tenants are eyeing the biggest flats under a pilot scheme for government-subsidised apartments, with some complaining that the smallest units on offer are too similar to cubicle homes.
The flats, ranging in size from 192 sq ft to 494 sq ft, are being sold for between HK$940,000 and HK$2.98 million, or at a 40 per cent discount on the market price. The largest flats have two rooms and one living room, while the smallest ones are being sold as studio units.
“I think now is the right time. Property prices are bound to go up, especially as more mainland Chinese people buy up flats,” potential buyer Cheung Kam-hon, 23, said.
“But we are only interested in the biggest flats. A hundred square feet would be too small [for our family of four], it wouldn’t be any different than living in subdivided units.”
Cheung was one of many who came to look at the show flat models that were on display for the first time.
